Profile Utility Token price is $0.00336036
As with most cryptocurrencies, the price of Profile Utility Token (PUT) changes on a daily basis. As of the latest update, the cost of the PUT is $ 0.00336036. It's worth noting that the cryptocurrency's value has decreased by -2.00% in the past 24 hours, and this number can easily vary throughout the day.
The Profile Utility Token, commonly referred to as PUT, is a cryptocurrency that powers the Robin8 platform. This platform aids in the process of receiving and distributing valuable information to users, advertisers, and content creators. PUT is essentially a utility token that powers this platform, providing an opportunity for users to gain access to more advanced features and services that Robin8 has to offer.
PUT was created by the team behind the Robin8 platform. They've desired to design a system that treats individual profiles as valuable assets, and thus, the Profile Utility Token was conceived. Using PUT, users of the Robin8 platform can gain access to a variety of services and features, while advertisers and content creators can use it as a currency on the platform.
The Profile Utility Token operates on the fundamental principle of providing value to individual profiles on the Robin8 platform. Users can earn PUT simply by engaging with the content they come across on the platform. For instance, sharing or liking a post might equivalent to earning a certain amount of PUT.
On the other hand, advertisers and content creators use PUT as a form of currency. They spend PUT to reach a wider audience or to encourage more users to interact with their content.
One of the key attributes of PUT that sets it apart from other cryptocurrencies is that it aims to place a tangible value on individuals' profiles. Essentially, the more you interact with the Robin8 platform, the more PUT tokens you can accumulate. In this sense, one’s online activity and social profile directly contribute to their digital wealth.
This ideology that one's profile has inherent value differs significantly from traditional social media and advertising models, where users often do not see direct financial benefits from engaging with the platform.
Currently, the circulating supply of the Profile Utility Token (PUT) stands at 56.4M while the total maximum supply is bounded at 100.0M. Remember, these numbers can fluctuate as dictated by the Robin8 policy.
The Profile Utility Token (PUT) can be purchased on Probit, LBank. It's always recommended to thoroughly research the specific practices and policies of a crypto exchange before proceeding with a purchase.
Just like any other cryptocurrency, storing your PUT safely is paramount. Cryptocurrency wallets, either physical hardware wallets, paper ones or digital software wallets, are the standard way to securely store cryptos. Always ensure your wallet is protected with a strong and unique password. Storing your recovery phrase or private keys in a safe location is also essential. Never share your private keys or password with anyone, as this could leave your tokens vulnerable to theft.
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